Big Data to Boost Biotech Industry

The National Biotechnology Development Strategy 2015-20 plans to make India a world-class bio-manufacturing hub, with intent to launch big missions, creation of new biotech product and creating a strong infrastructure for R&D. The catalyst in this mission is harnessing the power of big data. IT and healthcare have always worked together. Big data and data analytics have helped a lot in cancer research, drug safety, genomics and clinical research. Big data helps in solving the complexities of healthcare that looked impossible to solve before. It helps in making sound decision within a short period of time and with cost effective measures. The error rates have also decreased enormously leading to a significant increase in efficiency. Read the full article here: http://tech.firstpost.com/news-analysis/national-dept-of-biotechnology-sees-big-data-propelling-it-to-100-bn-industry-by-2025-293213.html?utm_source=also_read